Jul 04, 2024

How THENA Achieved 23% Faster Support Resolution with MetaCRM Community

THENA, a leading DeFi ecosystem on BNB Chain, recently achieved a major milestone with their token listing on Binance, the world’s largest cryptocurrency exchange. Their success stems not only from technological innovation in the blockchain space but also from their expertly managed community infrastructure. Through our partnership, THENA has leveraged MetaCRM’s Community module to achieve remarkable results: a 23% reduction in support ticket resolution time, a 32% increase in partnership inquiries, and significantly enhanced community insights that enable data-driven decision-making. Let’s explore how THENA’s strategic use of our community solutions has contributed to their impressive growth trajectory.

THENA: Pioneering DeFi Innovation

THENA stands as a comprehensive DeFi ecosystem on BNB Chain and opBNB, designed to revolutionize on-chain trading and liquidity provision. As a versatile trading hub, THENA offers a robust suite of products: their Spot DEX for asset swaps and passive income generation, ALPHA for perpetual trading across 270+ crypto pairs with up to 60x leverage, and ARENA for social trading competitions that gamify the trading experience. 

With the upcoming launch of WARP, their launchpad platform, THENA continues to expand its ecosystem. Their vision extends beyond traditional DEX functionality, aiming to become the ‘SuperApp’ of DeFi by offering CEX-grade experiences with features like wallet abstraction, FIAT on/off ramps, and cross-chain capabilities. 

The Challenge: Navigating DeFi’s Complex Community Landscape

In the evolving DeFi sector, protocols like THENA face a fundamental challenge that goes beyond technical innovation: making complex financial products accessible and understandable to users. Projects invest significant resources in managing, educating, and supporting their communities to bridge the knowledge gap between innovative DeFi solutions and user adoption. Here are the key challenges protocols face in managing their ecosystems:

  • Overwhelming Product Complexity: Managing support across multiple DeFi products requires extensive knowledge transfer, as each product (Spot DEX, Perpetuals, Social Trading) comes with its own learning curve and technical requirements. Teams must constantly develop and update educational content while providing real-time support to the community.
  • Security and Scam Prevention: The DeFi space is particularly vulnerable to sophisticated scams, with users at risk of losing assets through phishing attacks, fake contracts, and social engineering. Projects must constantly monitor their communities for potential threats while educating users about safe practices, from private key protection to legitimate contract verification.
  • Multi-Channel Communication Management: The fragmented nature of crypto communities across Discord, Telegram, and website channels creates inconsistent user experiences and response times. Teams struggle to maintain uniform support quality across all platforms while tracking conversations and issues effectively.
  • Support Response Efficiency: Long resolution times for user queries not only impact immediate user satisfaction but also create bottlenecks in user onboarding and product adoption. This inefficiency can lead to increased team workload and decreased productivity.
  • Limited Community Analytics: Without comprehensive data insights, teams struggle to understand user behavior patterns, measure community health, and identify potential issues before they escalate. This lack of visibility makes it difficult to make informed decisions about community initiatives and resource allocation.
  • Partnership Coordination: Managing an increasing volume of partnership inquiries while maintaining quality communication becomes challenging as the community grows. Teams need efficient systems to track, evaluate, and respond to potential collaborations without missing valuable opportunities.

The Solution: Transforming Community Management with MetaCRM Community

THENA revolutionized its community management by implementing MetaCRM Community’s comprehensive suite, which seamlessly integrated support channels while providing powerful analytics capabilities. This strategic implementation focused on solving THENA’s core challenges through four key components working in harmony.

1. Unified Support System

The unified support system consolidated all channels—Discord, Telegram, and website—into a single, efficient workflow. This integration enabled moderators to manage tickets seamlessly across platforms while maintaining consistent response quality. 

  • Seamless ticket management across all platforms
  • Standardized response process
  • Efficient task distribution among moderators

2. Enhanced User Insights

Enhanced user insights provided deep visibility into users’ cross-chain portfolio analysis and behavioral patterns, allowing for more personalized support and proactive community management.

  • Detailed cross-chain portfolio analysis
  • Comprehensive user behavior tracking
  • Integrated transaction history monitoring

3. AI-Empowered Responses

MetaCRM brings AI-empowered automation to the forefront, giving moderators suggested responses that maintain consistency while significantly reducing response times. 

  • AI-generated response suggestions for common queries
  • Consistent messaging across all channels
  • Reduced response time for standard inquiries

4. Advanced Analytics Dashboard

The advanced analytics dashboard tied everything together, providing real-time monitoring of moderation efficiency and community health metrics that enabled data-driven decision-making.

1. Moderation efficiency metrics reports

2. Community engagement indicators and analytics

5. Wallet-Based Community Notification

Connect directly with your users through Website Widget notifications with MetaCRM to boost community engagement. Plus, enhance your targeting capabilities with MetaCRM CDP module to unlock deeper customer segmentation and precise messaging.

Results and Impact: Transforming Community Management with Measurable Success

Since implementing MetaCRM Community, THENA has achieved remarkable improvements across their community, demonstrating how proper community management tools can transform DeFi operations. Let’s dive into the key areas where THENA experienced significant growth and efficiency gains:

  1. Enhanced Operational Efficiency, Security and Engagement: After implementing MetaCRM Community module, THENA achieved significant improvements across three key areas:
    • Faster Support Resolution: Response times dropped from 40 to 25 minutes, with a 23% reduction in overall ticket resolution time across thousands of support tickets.
    • Enhanced Security: MetaCRM’s ticketing system provided a secure, verified channel for user support, protecting the community from scammers who typically target public Discord and Telegram channels.
    • Smarter User Engagement: Using the Website Widget’s wallet-verified notifications, THENA delivers targeted updates about new campaigns directly to users, creating a reliable channel for ongoing community engagement.
  2. Data-Driven Community Insights The most transformative impact came from MetaCRM’s Community Analytics report capabilities. THENA gained access to comprehensive community health metrics, engagement data and moderation reports enabling them to:
    • Track real-time community engagement metrics
    • Identify and address potential issues proactively
    • Transform data insights into successful community campaigns
    • Make informed decisions about resource allocation and community initiatives
    • Monitor moderator resolution performance through detailed efficiency metrics as key indicators to choose valuable moderators.
  3. Accelerated Partnership Growth: Partnership engagement saw a dramatic 32% increase, but the impact went beyond just numbers. The streamlined communication channels and improved onboarding processes led to higher-quality partnerships and more strategic collaborations. Notably, the system also became a trusted channel for professional inquiries, including job applications, ensuring all opportunities reached the right team members.

The data-centric approach has proven particularly valuable during specific campaign periods, allowing THENA to measure, adjust, and optimize its community engagement strategies. For projects serious about building lasting community relationships, these insights have become indispensable for creating an engaging environment that encourages long-term user retention.

“ MetaCRM’s data dashboards have given us clear insights into our user behavior patterns. Their solutions have been great entry points for understanding our user base better.”

Xermes, Core Team, THENA Finance

Conclusion: Transforming Web3 Community Management

THENA’s success story exemplifies how MetaCRM transforms Web3 community management. This impact is proven by stellar results across leading protocols – from THENA’s achievements to Kelp DAO maintaining a perfect 5/5 rating while managing thousands of support tickets, and Mantle’s excellence with a 4/5 rating across their support cases. Today, MetaCRM powers community management for over 80+ Web3 projects and counting. These results showcase how our comprehensive community solution helps Web3 projects build and maintain thriving communities while achieving measurable improvements in support efficiency, partnership growth, and data-driven decision-making.

Ready to transform your community management with the ultimate Web3 CRM Hub? Contact us to discover how MetaCRM can help your project achieve the same level of community excellence that has made our partners successful!

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